Technology adoption and first profitability
UNSPECIFIED. (1996) Technology adoption and first profitability. ECONOMIC JOURNAL, 106 (437). pp. 952-962. ISSN 0013-0133Full text not available from this repository.
In this paper an encompassing model of tile diffusion of new process technologies is used to predict the relationship between firm profitability and the adoption of technology. The model is tested on data relating to a sample of firms in the UK engineering industry over the period 1983-6. The results indicate that non-adopters experience reduced profits as other firms adopt new technologies and that the gross profit gains to adopters of new technology lire related to firm and industry characterising, the number of other users of new technologies and the cost ef acquisition.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HC Economic History and Conditions|
|Journal or Publication Title:||ECONOMIC JOURNAL|
|Publisher:||BLACKWELL PUBL LTD|
|Number of Pages:||11|
|Page Range:||pp. 952-962|
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